Advanced Micro Devices (AMD) shares surged 7% on Wednesday after the chipmaker unveiled an ambitious plan to achieve $100 billion in annual data-center revenue. CEO Lisa Su outlined the company’s strategy to expand its presence in the rapidly growing artificial intelligence (AI) market, currently dominated by Nvidia.
During AMD’s first analyst day in three years, the company set three- to five-year targets, including tripling its earnings and growing its entire business by 35% annually, with 60% growth projected specifically for the data-center segment. The plan hinges on next-generation MI400 chips and the Helios rack system, expected in 2026.
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Su projected the market for data-center chips could reach $1 trillion by 2030, driven by surging AI infrastructure demand. AMD has already forged major partnerships with OpenAI and Oracle, with hints of ongoing discussions with other hyperscale clients, positioning the company to capture a significant share of the AI boom.
Analysts, however, caution that the targets are “aggressive” and largely depend on AMD leveraging Helios to transition from a minor AI player to a market contender. Despite this, investors rewarded the company’s bold outlook, adding over $26 billion to AMD’s market value if gains hold.
AMD shares have soared 97% in 2025, including a 16% jump since October 6 following its OpenAI deal, signaling strong market confidence in the chipmaker’s AI ambitions.
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